According to the Atlanta Journal-Constitution, Gurley has an insurance policy worth $10 million. The policy pays up to $5 million if the injury devalues his draft status, and another $5 million if he is unable to play football again, the Journal-Constitution reports. Georgia officials acknowledged they have paid for a policy on Gurley's behalf but declined to provide specifics, citing federal student privacy laws.
The Journal-Constitution reports that Georgia increased the value of Gurley's insurance during the period between when it completed its investigation into whether Gurley accepted impermissible benefits and when it applied for his reinstatement.
The NCAA permits schools to use the Student Assistance Fund to pay for insurance policies. Those funds were first distributed at the beginning of the 2013 academic year.
Florida State's Jameis Winston and Texas A&M's Cedric Ogbuehi are reportedly having their insurance premiums paid for by their universities. Oregon's Marcus Mariota is reportedly paying for his policy himself. In October, the NCAA approved a waiver to allow athletes to take out loans against their future earnings in order to pay for such policies.
- Dan Gartland